HY-VEE UNVEILS SMALL-STORE BANNER LINCOLN, Neb. Hy-Vee last week opened its first small-store prototype, called Heartland Pantry, here at the site of a larger Hy-Vee store that was closed and relocated. The retailer, based in West Des Moines, Iowa...
Wal-Mart Stores expects to boost its U.S. growth in 15 opportunity markets, Eduardo Castro-Wright, president and chief executive officer of the company's Wal-Mart U.S. division, said last week. Speaking at the Morgan Stanley Global Consumer &...
Although sales and earnings improved for Loblaw Cos. during the third quarter, this is not yet a trend, warned Allen Leighton, the retailer's president and deputy chairman. We're living in a world which is the most unpredictable it's been for a...
Since developing Kwik Shop as a division of its grocery business nearly 50 years ago, Dillon Cos. and its successor, Kroger, which purchased Dillon in 1983 have grown through the acquisition of other regional c-store chains. In recent years...
Food Marketing Institute here last week said it will launch a private-label initiative to provide industrywide leadership, education and advocacy for private-brand products. This is an effort for us to begin to engage all the stakeholders who are...
Supervalu plans to accelerate its use of everyday pricing in certain highly promotional categories at several banners sooner than we had originally anticipated, Jeff Noddle, chairman and chief executive officer, told investors last week at the...
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE WEDNESDAY, NOV. 19, 2008 MARKET SUMMARY gainers 8 losers 16 unchanged 0 Loblaw Cos. +13.18% North West Co. +2.97% Village +2.76% MOST ACTIVE BY VOLUME Wal-Mart 120,160,801 Target 83...
Ahold last week said it had sales and market-share gains at all three of its U.S. banners in the third quarter, and retail operating margins improved to help the company beat analysts' profit expectations. Profits for the quarter were down...
It appears BJ's Wholesale Club won't have to search very far for its next chief executive after all. Herb Zarkin, the veteran chairman of the retailer who is serving his second term as CEO, last week said that Laura Sen, BJ's current chief...
Sprouts Farmers Market has expanded to the state of Colorado, opening locations in the towns of Westminster and Parker. With 28 stores already operating in California, Arizona and Texas, Sprouts hopes to add eight more in the Rocky Mountain state...